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Investment

  • In 2017-2023
     
  • 500 state functions aimed at regulating business were abolished.
  • 132 types of licenses and permits were annulled.
  • The profit tax for them was reduced from 20% to 12%.
  • Customs duties on more than 7,000 types of raw materials and goods necessary for investors were abolished.
     
  • The international rating agency "S&P" assessed Uzbekistan's sovereign credit rating as "BB-".
  • Fitch Ratings also assessed O'zbekistan credit rating as "BB-".
  • Investors are provided with tax benefits in the form of exemption from land tax, property tax, and water use tax:
  • - From $300,000 to $3 million – for a period of 3 years;
  • - From $3 million to $10 million – for a period of 5 years;
  • - Over $10 million – for a period of 7 years.

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Latest update: 2024-10-11 10:21:02